Swiss watch exports contract further in November

Swiss watch exports continued to flag in November, falling by 7.3% to CHF2.2 billion, led by a dramatic decline in sales to the United States. +Get the most important news from Switzerland in your inbox The leading market in terms of value, with CHF201.1 million, the United States saw its imports of Swiss watches evaporate by more than half. Conversely, Britain (+7.9% to CHF183.0 million) and Hong Kong (+3.1% to CHF176.6 million) returned to growth. The cumulative decline over the first 11 months of the year for all markets combined was therefore 2.2%, according to the Federation of the Swiss Watch Industry. Translated from French by DeepL/mga How we work We select the most relevant news for an international audience and use automatic translation tools to translate them into English. A journalist then reviews the translation for clarity and accuracy before publication. Providing you with automatically translated news gives us the time to write more in-depth articles. The news ... Full story here Are you the author? Previous post See more for 3.) Swissinfo Business and Economy Next post
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